Volkswagen (ETR:VOW3) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Volkswagen AG (ETR:VOW3Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of €92.39 ($96.24) and traded as high as €98.88 ($103.00). Volkswagen shares last traded at €97.82 ($101.90), with a volume of 929,093 shares.

Volkswagen Price Performance

The company has a fifty day simple moving average of €87.60 and a two-hundred day simple moving average of €92.39. The company has a debt-to-equity ratio of 133.70, a quick ratio of 0.91 and a current ratio of 1.14. The company has a market capitalization of $20.11 billion, a price-to-earnings ratio of 3.28, a P/E/G ratio of 0.56 and a beta of 1.23.

About Volkswagen

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Volkswagen AG manufactures and sells automobiles in Germany, Europe, North America, South America, the Asia-Pacific, and internationally. The company operates through four segments: Passenger Cars and Light Commercial Vehicles, Commercial Vehicles, Power Engineering, and Financial Services. The Passenger Cars and Light Commercial Vehicles segment engages in the development of vehicles, engines, and vehicle software; produces and sells passenger cars and light commercial vehicles, and related parts; and offers motorcycles.

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